Summary

This proposal is to approve an upgrade for the compensation of Indigo for the next 3 months.

Abstract

@e: Indigo is a frontend developer at yam that has been working with us for the past few months. Indigo has been working on the Yam Synths website (previously Degenerative) alongside Blokku and Byterose, he focused on the website development for the past 5 months, contributed a good amount of time working on the functionality of the website as well feedback fixes and suggestions from the team which led us to finish the product that we have launched recently. The promise of Indigo is to continuously support adjustments and further frontend developments on the website and the Yam Synths SDK, alongside learning and exploring further fields for being able to contribute on the smart contracts and strategic side of things at Yam Synths and related projects.

• Requested compensation of Indigo is an upgrade from 7500$/mo to 10000$/mo, 50% yUSD + 50% YAM tokens, stream over the next 3 month. (rate at $0.98/YAM based on the 30d avg.)

Specification

Proceeding with an onchain proposal for closing the old and opening a new stream for the next 3 months with the values specified.